MindWalk Holdings (HYFT) Operating Expenses (2019 - 2026)
MindWalk Holdings' Operating Expenses came in at $6.01 million for the quarter ended Jul 31, 2026, up 45.1% from $4.14 million a year earlier and up 20.7% from the prior quarter.
MindWalk Holdings (HYFT) Operating Expenses (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, MindWalk Holdings reported Operating Expenses of $19.33 million, down 54.3% year-over-year; for the year ended Apr 30, 2026, it came in at $17.45 million, down 43.0% from the prior year.
- Operating Expenses carries a five-year compound annual growth rate of 3.6% (years ended Apr 2021 to Apr 2026).
- Going back by year, Operating Expenses was $30.61 million in the year ended Apr 30, 2025 (+12.8%), $27.14 million in the year ended Apr 30, 2024 (-9.8%), $30.08 million in the year ended Apr 30, 2023 (+36.1%) and $22.11 million in the year ended Apr 30, 2022 (+51.1%).
- The figure for the quarter ended Jul 31, 2026 represents the highest quarterly Operating Expenses since the quarter ended Apr 30, 2025.
- Year-over-year, Operating Expenses increased in three of the last eight quarters, with growth averaging 1.0%.
- The fastest year-over-year change in Operating Expenses over five years came in the quarter ended Jan 31, 2025 (growth of 287.8%), and the weakest in the quarter ended Oct 31, 2024 (a decline of 99.9%).
- Business Quant data shows HYFT's Operating Expenses at $4.98 million (quarter ended Apr 30, 2026), $4.42 million (quarter ended Jan 31, 2026) and $3.92 million (quarter ended Oct 31, 2025) in the three quarters before the quarter ended Jul 31, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.55 Bn | 36.39 Bn | 1.44 Bn | 637.00 Mn |
| 2 | Medpace Holdings | 17.19 Bn | 15.25 Bn | 201.64 Mn | 560.51 Mn |
| 3 | Charles River Laboratories International | 14.06 Bn | 13.30 Bn | 363.37 Mn | 228.90 Mn |
| 4 | Icon | 13.44 Bn | 10.55 Bn | 479.29 Mn | 1.93 Bn |
| 5 | Fortrea Holdings | 1.91 Bn | 1.29 Bn | 139.20 Mn | 663.40 Mn |
| 6 | Ginkgo Bioworks Holdings | 665.78 Mn | -96.30 Mn | 18.44 Mn | 78.70 Mn |
| 7 | Evotec SE | 565.34 Mn | -1.01 Bn | - | - |
| 8 | Champions Oncology | 68.06 Mn | 43.71 Mn | 7.70 Mn | 15.64 Mn |
| 9 | MindWalk Holdings | 62.59 Mn | 26.81 Mn | 1.61 Mn | 6.01 Mn |
| 10 | Natural Alternatives International | 10.67 Mn | -22.35 Mn | 383,000.00 | 4.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 6.01 Mn |
| Apr 30, 2026 | 4.98 Mn |
| Jan 31, 2026 | 4.42 Mn |
| Oct 31, 2025 | 3.92 Mn |
| Jul 31, 2025 | 4.14 Mn |
| Apr 30, 2025 | 15.47 Mn |
| Jan 31, 2025 | 18.75 Mn |
| Oct 31, 2024 | 3.97 Mn |
| Jul 31, 2024 | 4.30 Bn |
| Apr 30, 2024 | 12.89 Mn |
| Jan 31, 2024 | 4.84 Mn |
| Oct 31, 2023 | 4.26 Bn |
| Jul 31, 2023 | 5.13 Bn |
| Apr 30, 2023 | 6.85 Mn |
| Jan 31, 2023 | 5.59 Mn |
| Oct 31, 2022 | 7.98 Mn |
| Jul 31, 2022 | 9.76 Mn |
| Apr 30, 2022 | 6.00 Mn |
| Jan 31, 2022 | 5.45 Mn |
| Oct 31, 2021 | 5.78 Mn |
MindWalk Holdings Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=HYFT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "HYFT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=HYFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();